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DOLOMITE CAPITAL LIMITED - Notice by the Issuer of the Full Repurchase and Cancellation of the Securities

Release Date: 26/02/2015 15:48
Code(s): DOL006     PDF:  
Wrap Text
Notice by the Issuer of the Full Repurchase and Cancellation of the Securities

DOLOMITE CAPITAL LIMITED (incorporated with limited liability in
the Cayman Islands under registration number 131853) (the
Issuer)

Instrument Code: DOL006
ISIN: ZAG000118365

NOTICE BY THE ISSUER OF THE FULL REPURCHASE AND CANCELLATION OF
THE SECURITIES

This Notice references the Series 6 ZAR 40,000,000 Limited
Recourse Secured Floating Rate Credit-Linked Notes, linked to
Ukraine   and  Russia  due  2019  (ISIN:   ZAG000118365)  (the
Securities).

The Securities were issued by the Issuer under its ZAR1,000,000,000 
Limited Recourse Secured Debt Issuance Programme (the Programme) 
and were listed on the Interest Rate Market of the JSE Limited 
(the JSE) under instrument code number DOL006.

The terms and conditions of the Securities are detailed in the
Information Memorandum dated 22 July 2014 (the Information
Memorandum   which   was  supplemented  by   the   Supplemental
Information Memorandum dated 30 July 2014 (the Supplemental
Information Memorandum)) and the JSE Placement Document for
purposes of inward listing the Programme on the Interest Rate
Market of the JSE and was issued in conjunction with, and
incorporates by reference, the Information Memorandum and the
JSE Placement Document.

Securityholders are advised that the Issuer will purchase ZAR
40,000,000 notional amount of the Securities (the Repurchase)
with effect from Friday, 27 February 2015 (the Repurchase and
Cancellation Date). This constitutes a repurchase of the
Securities pursuant to Bearer Securities Base Condition 9
(Purchase)   (described  in   the   Information  Memorandum) as
supplemented by paragraph 26 of the Issue Terms (which form part
of the Supplemental Information Memorandum). Following such
Repurchase the Issuer shall cancel all outstanding Securities.

The Repurchase will be settled through Strate Proprietary
Limited and The Standard Bank of South Africa Limited will
instruct Strate Limited to mark down and cancel the Securities
by an aggregate principal amount of ZAR 40,000,000 notional on
the Repurchase and Cancellation Date.

Johannesburg
26 February 2015
Debt Sponsor
The Standard Bank of South Africa Limited

Date: 26/02/2015 03:48:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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